May 23, 2012

MV purchases LA DOT contract

MV Transportation Inc. announced the successful purchase of the contract for the Los Angeles Department of Transportation (LADOT) Commuter Express service following the Chapter 11 bankruptcy filing and subsequent auction of Coach America Holdings Inc. assets. The agreement was approved by the U.S. Bankruptcy Court for the District of Delaware.

MV Transportation Inc. will replace Coach America as LA DOT’s Northern provider of Commuter Express and DASH services in June. Under the terms of the five-year, approximately $55 million agreement, MV will operate 27 neighborhood circular bus routes and seven daily commuter.

Overall, MV will operate 82 commuter coaches and transit buses and will have a staff of more than 130 employees.

MV Transportation also holds the contract for LADOT’s central and southern Los Angeles routes, awarded in August 2011 through a competitive bidding process. In addition, MV Transportation operates more than 30 other contracts in the Greater Los Angeles area.

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